$Tesla Motors(TSLA)$End of a bear rally, downward trendline continues. Back in 2020, many people shorted and got burnt by the Fed's massive QE and aggressive rate cuts.
If i had learn anything in the past, do not fight the Fed, the aggressive rate hike and massive QT is ongoing, just hold onto your cash till the next rate cut and QE could help you save some money and get more units later. Invest safe and all the best everyone.
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Nothing chnages, can't fight the Fed. What a Friday [Cry]
2 options, either way works:
1) Buy and hold: get through the short term pain (could be weeks, could be months, hopefully not years?) ,it will eventually turn upward trend again when Fed begins to be supportive with its policies.
2) Hold your cash, wait for the rate cute and QT to be over. (Easier said than done, most have itchy hands and i am one myself too.) Would probably miss the buttom, but a safer way of investing.
Good luck everyone and a restful weekend ahead!
This is exactly what i hope i was wrong, oh well....
thanks but no thanks to Fed 🥹 $Tesla Motors(TSLA)$
Ok